HIRING
In Hire Slow Fire Fast we learn to be selective a careful
when hiring a new employee. We also learn that if things are not working out,
to fire quickly. My husband is in charge of hiring and firing a team here in
San Diego. He has plenty of openings and plenty of applicants, but he is very
conservative in hiring and takes time to find the right people. The person must
have ample qualifications on his/her resume. The person also must pass a phone pre-interview
where if they are not extremely confident in their ability as a sales rep or
difficult to understand, they won’t be called for a follow-up interview. Training
begins immediately and new employees are mentored for each sale until they have
the strategy down to a science. My husband is also very quick to fire. If the
new employees don’t start off flying after training, he gives a performance
review and pending the following week or two, they are usually out of a job.
Following these hiring measures has enabled him to have the top growing team in
the US for his company.
Jet Blue
Making Money in Jet Blue and the Advantageous Approach: JetBlue
hired experienced leaders in the airline industry to create a new airline that
focused on what customers really wanted: efficiency (paperless tickets and quick
turnover) quality service (including more legroom and leather seats), and
affordability. One thing they cut were the hot meals and for a fraction of the
meal cost they instilled leather seats and TV monitors. They realized that
people who flew didn’t care for airline food, but did enjoy watching TV and
sitting in leather seats. To maximize profit, they focused on locations where
there was a high demand for travel and reducing unimportant costs (like food no
one likes).
Hiring GREAT people: Hire people with experience who share
in the vision of the company. Ann Rhodes was in charge of human resources. She
had worked for Southwest and knew what to look for in hiring the right people. Hiring
committed people with experience and a focus on customer service added great
value. The other top executives also had worked for other airlines in
leadership positions (the executive VP, CFO, COO, VP of HR all had airline
experience). Aside from upper management where experience was key, other hiring
was focused on having the right attitude which meant many people did not have
experience, but they had the right attitude. With the right people, deep
funding, and experience as to what things could be improved on in the airline
business, Jet Blue had a foundation for success. The focus of the company was
safety, caring, integrity, fun, and passion.
I learn from Jet Blue to hire top executives that share in
the vision and have experience. I learn to hire others with the right attitude.
I have also learned that we can create a company by taking a current market and
making changes to make it better (i.e. focusing on the non-flyer market who
would rather drive or not go unless the fares were cheaper). See what is going
wrong with the industry and find a way to improve it.
Michael Gerber’s E
Myth
I have learned through Michael Gerber that we should follow the principles
outlined in The E Myth Revisited. Develop the Entrepreneur, Manager, and
Technician. Create a clear vision for the company. Develop a business model and
follow a process. Work on your business to create a turn-key system. Specify
job descriptions, hire the right people, and make the environment a place your
employees thrive. Above all, be aware of the customer’s wants and make
adjustments accordingly. As Michael Gerber has taught, let’s get started and
create “a place where we can practice implementing ideas in a way that changes
lives.”
Matt Stewart – Action Hero
Matt
Stewart has started many businesses and corporations. He has experienced
success and failure in business. The businesses that failed were the ones where
his focus was on profit instead of teaching and learning. The successful
businesses had a different approach. They were founded on core values and
principles and focused on a mission. His original plan was to go into the legal
profession and head off to law school, but this came to a halt when he lost his
job. So he and some others started a painting company going again. At first he
was an employee and then ended up buying half the business. This business
taught him integrity and core values. At one point an employee died on the job.
Matt used this very difficult experience to change the way the business was
done, to change the equipment that was stocked. Sometimes entrepreneurs get
overly excited about something they should never go into business over. Matt
learned the hard way that even if you think you can do anything, sometimes you
need to stay focused on what you know and be more careful with which businesses
to pursue.
Hiring
Mark
Zuckerberg (Facebook) looks for raw intelligence when hiring. Intelligent people
can adapt more quickly than people who might have years of experience in the same
field. Some of the best people he has hired were right out of college.
People
who LOVE
the product or service are the people we should hire. Also hire people better
than you. Finally, hire the people that you see waiting for the interview that
you instantly want to go up and meet because you are hiring someone who will be
part of your business family. – Guy Kawasaki
$100 Challenge – The Perfect
Cookie
This
has not been an easy project. I haven’t had a car this semester and so
delivering the cookies, buying ingredients, and selling has been challenging.
This week I replaced some ingredients in my home so that I would be able to
make more cookie orders if they come. I had my sister donate money towards two
cookies that I made for a function. I made them last week, but collected the
money this week. I worked so hard last week on the cookies that this week has
been a breather and I focused more on getting my interview done for the class.
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